Thursday☕️
Trending:
- Evolution Mining Cyberattack
- Nuclear Powered Data Centers
Markets:
- Yesterday’s U.S. stock market:
- Today’s commodity market:
- Today’s crypto market:
Evolution Mining Cyberattack:
- In a recent filing with the Australian Securities Exchange (ASX), Evolution Mining disclosed that it had identified a ransomware attack on its systems on August 8. The company believes the incident has been effectively contained, and it has taken proactive measures to protect the health, safety, and privacy of individuals, as well as the integrity of its systems and data. In response to the attack, Evolution Mining has been collaborating with external cyber forensic experts and has notified the Australian Cyber Security Centre to assist in the investigation.
- Despite the severity of the breach, Evolution Mining reassured stakeholders that it does not anticipate any significant impact on its operations due to the attack. However, the company has not provided details on the specific ransomware group responsible, and there has been no public claim of responsibility by known cybercriminal organizations. This incident follows a similar attack two months earlier on Northern Minerals, another Australian mining company, which saw sensitive data compromised by the BianLian ransomware gang.
- The targeting of Australian rare-earth mining companies by ransomware groups, while primarily financially motivated, also reflects broader concerns regarding cybersecurity in the sector. These companies have previously been targets of Chinese hackers as part of influence campaigns, adding a layer of complexity to the security challenges they face. The incidents underscore the need for robust cybersecurity measures in industries dealing with critical resources.
Nuclear Powered Data Centers:
- In March, Amazon Web Services (AWS) invested $650 million to acquire a new data center strategically located next to the Susquehanna Steam Electric Station in Berwick, Pennsylvania. This nuclear power plant, generating 2.5 gigawatts of energy, had been directly supplying electricity to the data center since its opening in 2023. Amazon's acquisition aimed to ensure a steady, reliable supply of nuclear energy to power its operations, a key factor in supporting the growing demands of its computing infrastructure.
- Following the purchase, Amazon sought to modify its original agreement to secure an additional 180 megawatts of power directly from the Susquehanna plant. Although the power station agreed to this increased demand, the arrangement has encountered regulatory challenges. These challenges are significant as they could establish a critical precedent for how data centers, cryptocurrency mining operations, and other energy-intensive facilities obtain their power. The outcome of this dispute will likely influence future projects where direct power sourcing from plants, particularly nuclear, is considered.
- The broader implications of using nuclear energy to power data centers and advanced computing technologies are profound. Nuclear power offers a reliable, carbon-free energy source that can meet the massive and growing electricity demands of these facilities. Co-locating data centers near nuclear plants ensures a stable power supply that is not only environmentally friendly but also cost-effective in the long run. This model supports the continuous, high-capacity operations required by modern technology infrastructures while also contributing to the reduction of greenhouse gas emissions. As the digital economy expands, the role of nuclear energy in supporting sustainable and resilient computing systems could become increasingly vital, helping to balance the need for clean energy with the escalating demands of the tech industry.
Statistic:
- Largest assets by market capitalization:
- Gold: $16.736T
- 🇺🇸 Apple: $3.371T
- 🇺🇸 Microsoft: $3.098T
- 🇺🇸 NVIDIA: $2.904T
- 🇺🇸 Alphabet (Google): $1.983T
- 🇸🇦 Saudi Aramco: $1.815T
- 🇺🇸 Amazon: $1.785T
- Silver: $1.563T
- 🇺🇸 Meta Platforms: $1.332T
- Bitcoin: $1.151T
- 🇺🇸 Berkshire Hathaway: $944.60B
- 🇹🇼 TSMC: $881.47B
- 🇺🇸 Eli Lilly: $838.90B
- 🇺🇸 Broadcom: $734.02B
- 🇺🇸 Tesla: $643.33B
- 🇺🇸 JPMorgan Chase: $598.16B
- 🇩🇰 Novo Nordisk: $597.05B
- 🇺🇸 Walmart: $552.26B
- 🇺🇸 UnitedHealth: $535.27B
- 🇺🇸 Exxon Mobil: $528.47B
- 🇺🇸 Visa: $508.14B
- SPDR S&P 500 ETF Trust: $499.04B
- 🇨🇳 Tencent: $443.30B
- 🇺🇸 Mastercard: $425.11B
- 🇺🇸 Procter & Gamble: $397.36B
- 🇺🇸 Costco: $382.46B
- 🇺🇸 Johnson & Johnson: $381.49B
- 🇰🇷 Samsung: $376.95B
- 🇺🇸 Oracle: $373.69B
- 🇫🇷 LVMH: $354.87B
- 🇺🇸 Home Depot: $352.67B
- 🇳🇱 ASML: $345.85B
- 🇺🇸 AbbVie: $340.90B
- Ethereum: $318.59B
- 🇺🇸 Bank of America: $301.14B
- 🇺🇸 Coca-Cola: $295.57B
- 🇺🇸 Merck: $287.90B
- 🇺🇸 Netflix: $283.96B
- 🇨🇳 ICBC: $280.40B
- 🇨🇭 Nestlé: $265.23B
- 🇺🇸 Chevron: $262.53B
- 🇨🇭 Roche: $261.14B
- 🇬🇧 AstraZeneca: $259.70B
- 🇨🇳 Kweichow Moutai: $250.37B
- 🇩🇪 SAP: $247.93B
- 🇺🇸 Salesforce: $247.40B
- 🇦🇪 International Holding Company: $242.49B
- 🇫🇷 Hermès: $239.82B
- 🇯🇵 Toyota: $239.68B
- 🇺🇸 Adobe: $239.34B
- 🇺🇸 Pepsico: $238.60B
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